2026 JUN 08– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on risk management have been published. Our news journalists obtained a quote from the research from Stanford University:“ This paper examines how cost engineering guidance on estimating management reserves is applied in government-sponsored project cost…
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The news reporters obtained a quote from the research from Federal Reserve Bank,“ These elasticities are crucial for a wide range of policy questions, ranging from the size of fiscal multipliers to the relative effectiveness of asset purchases targeting the financial sector versus tax cuts targeting households. For more information on this research see:…
Cigna made its withdrawal official in Colorado last month, when it filed a notice with the Colorado Division of Insurance. Those plans are sold in 12 Front Range counties from Fort Collins to Colorado Springs, as well as in Routt County. As recently as 2024, Cigna was the third-largest carrier in the individual market in Colorado, behind Elevance Health and…
Pricey mortgages have been weighing on the housing market more broadly, which has not escaped President Donald Trump. He has waged an aggressive campaign to pressure the Federal Reserve, which sets the short-term benchmark rate, to make deeper cuts to the cost of borrowing. The Fed directly influences the federal funds rate, a short-term interest rate that…
The following information was released by the New Jersey Department of Banking and Insurance:. As hurricane season begins, the New Jersey Department of Banking and Insurance is reminding residents of steps they can take to prepare for extreme weather events that can threaten their home and property.',. ', "As New Jersey continues to see more extreme weather events,…
The Plan's Board of Trustees voted Friday to approve the increases. Out-of-pocket maximums will go up, too, rising $500 to $4,500 for retirees on the base plan, and increasing by $400 to $3,700 for those on the enhanced plan. Jackson Cozort, associate director of the Retired Government Employees Association, said retirees will struggle to pay more.
The following information was released by the Federal Reserve Board:. Thank you for the opportunity to speak to you.1 The U.S. economy relies on a strong and stable banking system that extends credit to households and businesses. Today I want to share with you a few thoughts on the Federal Reserve's role in overseeing the banking system and supporting financial…
The Insurance Information Institute and Munich Re US today announced the release of RiskScan 2026, a comprehensive cross-market research study that examines evolving risk perceptions and interconnected exposures in the United States and United Kingdom insurance markets. Featuring detailed research findings and key insights from Triple-I and…
What appeared to be a curious case of damage caused by a bear turned out to be an unusual scam. In California, three people were convicted of fraud after faking attacks by an animal… that was actually a human in disguise. With that footage, they attempted to collect nearly $142,000 from insurance companies.
KBRA releases research on the National Association of Insurance Commissioners private letter ratings review process. In August 2024, the NAIC passed an amendment that granted the Securities Valuation Office the ability to review and challenge credit ratings that it does not believe are a reasonable measure of risk for regulatory purposes.
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today launched Jackson Market Link Pro ® 4 and Jackson Market Link Pro Advisory ® 4, further strengthening Jackson’ s suite of registered index-linked annuities. JMLP4 and JMLPA4 provide clients the potential to grow assets before and during retirement…
In this role, Dr. Strunk will advance Hannover Re’ s underwriting innovation and digital transformation initiatives, lead efforts to modernize medical assessment practices to better reflect evolving medical knowledge, and strengthen the company’ s medical oversight and governance capabilities. Previously, Dr. Strunk spent over a decade in academic…
NASHVILLE— The Tennessee Department of Commerce& Insurance proudly announces that over $107 million in insurance policies and benefits was located in 2025 for Tennesseans through the Life Insurance Policy Locator Service. Developed by the National Association of Insurance Commissioners, the Life Insurance Policy Locator Service is a free service that…
Senior Market Sales ®, a premier national insurance marketing organization, has acquired Nocatee, Florida- based Stratton& Company, bringing a more thoughtful, innovative approach to the retirement income market to the national stage. “Our proprietary, best-in-class planning process is designed to empower both those transitioning into retirement and…
NEW YORK— Health insurer Cigna will stop covering GLP-1 weight-loss drugs, including Novo Nordisk's Wegovy and Eli Lilly' s Zepbound, in its employee health plan effective July 1, according to materials viewed by Reuters. Details of the change in the Cigna Group Medical Plan were announced in an email to employees on Monday. The price of weight-loss drugs has been…
As more people continue relocating to Florida, roofing and restoration professionals say many new residents may underestimate how quickly hurricane damage can turn into costly repairs, hidden structural problems and insurance disputes long after storms pass. Experts across Southwest Florida say one of the biggest misconceptions homeowners have is…
The U.S. added 172,000 jobs in May, the government said in a report that far exceeded expectations and continued a robust run of hiring after a sluggish 2025.. The Bureau of Labor Statistics said Friday the unemployment rate remained steady at 4.3%. Wall Street had been expecting employers to add about 80,000 jobs and for the unemployment rate to hold steady.
When you go to the pharmacy, you might be offered a coupon on your prescription drugs. Even as prescription drug costs rise, patients with commercial insurance slowed their use of manufacturer-sponsored drug coupons in recent years, according to a study the Journal of the American Medical Association published April 6. These are not the same as discount card…
U.S. homebuyers can't get a break. Pricey mortgages have been weighing on the housing market more broadly, which has not escaped President Donald Trump. He has waged an aggressive campaign to pressure the Federal Reserve, which sets the short-term benchmark rate, to make deeper cuts to the cost of borrowing.
